This course teaches the fundamental concepts and features of PeopleSoft Commitment Control. Students gain working knowledge of the issues involved in a standard Commitment Control implementation. The students create their own business units and the setup of Commitment Control, defining budgets, and then creating budget journals, and budget checking transactions. They create budgets and budget check transaction through the Procure-to-Pay cycle, Project Costing and Expenses. The course concludes with conducting the budget close, and options associated with closing your budget and rolling over open purchase orders to the next budget period. Learn To: * Set up Commitment Control * Define budgets * Create budget journals and budget checking transaction * Conduct budget close

Target Audience
Functional Implementer

Key Topics

• Setting Up PeopleSoft Commitment Control
• - Setting Up Commitment Control Options
• - Explaining the PeopleSoft Commitment Control Infrastructure
• - Setting Up Commitment Control Ledgers
• - Setting Up Commitment Control Budget Periods
• - Setting Up Translation Trees
• - Setting Up Commitment Control Budget Rules and Attributes
• - Applying Commitment Control Ledger Groups to a PeopleSoft General Ledger Business Unit
• - Explaining Associated Expenditures and Revenue Budgets
• Setting Up Commitment Control Security
• - Explaining the PeopleSoft Commitment Control Security Setup Steps
• - Identifying Commitment Control Security Chart Field Values
• - Setting Up Security Events
• - Setting Up Security Event Rules
• - Configuring Security Rules for Users
• - Applying Commitment Control Security to Your PeopleSoft System
• Preparing Commitment Control Budgets
• - Identifying the Phase in the Implementation Lifecycle for Preparing Budgets
• - Explaining the Budget Preparation Process
• - Creating a Commitment Control Budget
• - Creating Budget Journals From a Flat File
• - Performing a Budget Transfer
• - Managing Your Budget
• - Analyzing Your Budget
• Managing Budget Checking and Exception Processing
• - Identifying the Implementation Phase for Managing Budget Checking
• - Explaining the Budget Checking Process
• - Identifying PeopleSoft Commitment Control Source Transactions
• - Demonstrating the Budget Checking Process Using PeopleSoft General Ledger
• - Evaluating Budget Checking Statuses
• - Managing Budget Exceptions
• Managing the Procure-to-Pay Life Cycle Using Commitment Control
• - Identifying the Implementation Phase for Managing the Procure-to Pay Life Cycle
• - Illustrating the Procure-to-Pay Life Cycle Using PeopleSoft Commitment Control
• - Preparing a Requisition
• - Managing the Pre-Encumbrance Ledger
• - Preparing a Purchase Order
• - Managing the Encumbrance Ledger
• - Preparing a Voucher
• - Managing the Expenditure Ledger
• Managing Project Budgets using PeopleSoft Commitment Control
• - Identifying the Implementation Phase for Managing Project Budgets
• - Illustrating the relationship between PeopleSoft Commitment Control and PeopleSoft Project Costing
• - Explaining the Structure of a Project
• - Setting Up a Project
• - Setting up a Project Budget
• - Adding a Project Budget
• - Evaluating Project Source Transactions
• - Using Funding Source Control
• Managing Expense Budgets Using PeopleSoft Commitment Control
• - Budget-Checking Expense Transactions
• - Reviewing Travel Authorization Budget Exceptions
• - Reviewing Expense Report Budget Exceptions
• - Rolling Over Travel Authorization Encumbrances to a New Budget Period
• Managing Commitment Control Budget Closing
• - Explaining the Budget Closing Process
• - Preparing Your System to Close Out Budgets
• - Setting Up Budget Closing Rules
• - Setting Up Budget Closing Sets
• - Demonstrating End of Year Purchase Order Rollover
• - Performing the Budget Close Process
• - Analyzing Budget Closing Transactions
• - Managing Closed Budgets

Objectives

• Describe PeopleSoft Commitment Control and Key Features
• Prepare the System for PeopleSoft Commitment Control Implementation
• Create Commitment Control Budgets
• Manage the Budget Checking Process
• Manage Budgets

Required Skills/Experience

• Understanding of basic navigation and PeopleSoft concepts
• Use of control tables to enforce business rules
• Able to run processes and reports
• Intro to PS for FMS and SCM Rel 8.9

Fee: $2,250.00

Course Schedule:
Back to Course Description

Austin

Please contact your sales representative for availability.

Charlotte

Please contact your sales representative for availability.

Columbia

Please contact your sales representative for availability.

Hunt Valley

Please contact your sales representative for availability.

Lansing

Please contact your sales representative for availability.

Madison

Please contact your sales representative for availability.

Milwaukee

Please contact your sales representative for availability.

Minneapolis

Please contact your sales representative for availability.

Oak Brook

Please contact your sales representative for availability.

Oklahoma City

Please contact your sales representative for availability.

Phoenix

Please contact your sales representative for availability.

Raleigh

Please contact your sales representative for availability.

San Antonio

Please contact your sales representative for availability.

Schaumburg

Please contact your sales representative for availability.

Tulsa

Please contact your sales representative for availability.

Washington DC

Please contact your sales representative for availability.